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Uchumi - A value play?
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VituVingiSana
#461 Posted : Monday, December 30, 2019 7:23:43 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,343
Location: Nairobi
obiero wrote:
Angelica _ann wrote:
VituVingiSana wrote:
obiero wrote:
KaunganaDoDo wrote:
RIEK01 wrote:
Uchumi is dead.If this was listed in the NYSE would it still be trading?

The noose is tightening by the day,Landlords are kicking them out one by one the last being BuruBuru earlier this month.

When a company has not published its results for 2.5 years ( June 2018 and June 2019) now going to Dec 19, one does not need to be a rocket scientist to know that there is a serious problem that releasing the results will cause a collapse.

It is sad that people take so long to open there eyes to reality. Anyway the its your money and thus you have the prerogative on how to use it.

When the inevitable happens, investors should consider class action against CMA for not taking preventative measures in protecting member of the public.


Please dont go away, You will be reminded of this when time comes. How can it die 5 times? it died in 2015, it died in 2016, it died in 2017, it died in 2018, it died in 2019? surely , one person can not die this quite often?

GoK firms die a hard stubborn death. Look at EAPCC, MSC, NBK, KENRE, KQ
Liar Profit after Profit after Profit Laughing out loudly


Why would Kenya Re be in that list?

I had missed Chief. Isnt it obvious
No Laughing out loudly
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Ebenyo
#462 Posted : Tuesday, December 31, 2019 8:08:59 PM
Rank: Veteran

Joined: 4/4/2016
Posts: 2,016
Location: Kitale
Made it to top five in today trading with a volume of 428,200.Could their be any thing cooking?
Towards the goal of financial freedom
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sparkly
#463 Posted : Wednesday, January 01, 2020 2:27:12 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Ebenyo wrote:
Made it to top five in today trading with a volume of 428,200.Could their be any thing cooking?


Good luck
Life is short. Live passionately.
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Angelica _ann
#464 Posted : Wednesday, January 01, 2020 10:17:16 AM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
sparkly wrote:
Ebenyo wrote:
Made it to top five in today trading with a volume of 428,200.Could their be any thing cooking?


Good luck


Don't ever try, buying this is too dangerous!!!
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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  | | Edit by user: Wednesday, January 01, 2020 11:06 AM | Reason: Not specified
Ebenyo
#465 Posted : Wednesday, January 01, 2020 3:47:00 PM
Rank: Veteran

Joined: 4/4/2016
Posts: 2,016
Location: Kitale
Angelica _ann wrote:
sparkly wrote:
Ebenyo wrote:
Made it to top five in today trading with a volume of 428,200.Could their be any thing cooking?


Good luck


Don't ever try, buying this is too dangerous!!!




No,I'm not in this carcass.Was only sharing the day statistics from NSE.
Towards the goal of financial freedom
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HaMaina
#466 Posted : Thursday, January 02, 2020 11:05:47 AM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
Angelica _ann wrote:
sparkly wrote:
Ebenyo wrote:
Made it to top five in today trading with a volume of 428,200.Could their be any thing cooking?


Good luck


Don't ever try, buying this is too dangerous!!!


I've bought a few, safe is a bit boring.
“You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
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Ebenyo
#467 Posted : Thursday, January 02, 2020 11:16:15 AM
Rank: Veteran

Joined: 4/4/2016
Posts: 2,016
Location: Kitale
HaMaina wrote:
Angelica _ann wrote:
sparkly wrote:
Ebenyo wrote:
Made it to top five in today trading with a volume of 428,200.Could their be any thing cooking?


Good luck


Don't ever try, buying this is too dangerous!!!


I've bought a few, safe is a bit boring.



@hamaina and @obiero belong to the same school of thought.The brains behind Mumias and KQ death and probable resurrection.
And now Uchumi!
Towards the goal of financial freedom
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sparkly
#468 Posted : Thursday, January 02, 2020 6:56:17 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Ebenyo wrote:
HaMaina wrote:
Angelica _ann wrote:
sparkly wrote:
Ebenyo wrote:
Made it to top five in today trading with a volume of 428,200.Could their be any thing cooking?


Good luck


Don't ever try, buying this is too dangerous!!!


I've bought a few, safe is a bit boring.



@hamaina and @obiero belong to the same school of thought.The brains behind Mumias and KQ death and probable resurrection.
And now Uchumi!


@Fyatu is also a member of that school of thought.
Life is short. Live passionately.
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HaMaina
#469 Posted : Wednesday, January 15, 2020 11:55:37 AM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
Hope for Uchumi as creditors back recovery plan
“You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
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FUNKY
#470 Posted : Wednesday, January 15, 2020 12:54:47 PM
Rank: Veteran

Joined: 4/30/2010
Posts: 1,635
HaMaina wrote:
Hope for Uchumi as creditors back recovery plan


I am sure government will not let uchumi go down due to the current economic situation
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